I live and work in CA, but looking to invest in OH and IN. I have two LLCs set up, one in WY one in CA, both under a WY holding LLC. Can I buy rental properties in OH and IN with my WY LLC? In which states would I...
A friend of mine has an LLC that he has never filed a tax return on. Is that legal?
Hi all, I am just looking for advice from Canadians that know the rules and regulations. I currently have two rental properties in my name and working on a slow foreclosure flip of a single family house while I live i...
Hi Everyone,
I just closed on my first SFR and already have it rented out. As I continue to expand with additional purchases in the next year, I am curious about what your opinion is on the formation of an LLC.
The...
Last year was the first time that I filed taxes for my rental portfolio. Call me lazy but I ended up using the CPA which was being used from one of the previous owners of a property I had purchased. I didnt look aroun...
Good evening BP community,I'm preparing all my tax documents prior to meeting with my CPA and I'd like to show up to the meeting prepared. Appreciate your time reading through my questions. Last year I purchased a du...
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
I am ready to start my journey in real estate in buy and hold field. My wife and I live in a house that my parents own and pay them money for the mortgage (not calling it rent as my parents aren't profiting from me). ...
Hello BP members!Here is a break down of the properties that I own and how much I have left on the mortgage:Primary Resident250k 3.375% 30yr fixedInvestment Property50k 4.25% 15yr fixed110k 4.375% 30yr fixedMy questio...